"The trading halt is requested pending the release of an ASX announcement by Aerometrex concerning the material sale of off the shelf datasets in its Australian operations."
No speculation on HC yet on what this means, so maybe I'll kick off the possibilities (note I am clutching at straws): - maybe NEA is negotiating a subscription for use and resell, etc. Maybe just the LIDAR content or very high definition photogrammetry. Would allow NEA to focus their new camera on US and Europe. (NEA sp is up 8% as I speak). - The LIDAR data was initially hosted by 3DP and hopefully still is, in which case I'd expect 3DP to benefit no matter who the deal is with. - I've always thought AMX should cover Europe with their high definition camera and then NEA subscribe to resell to their own customers. It makes no sense for multiple companies to be burning expensive fuel with brain numbing flight plans to capture the same cities.
Why do they need two business days?
AIMHO
AMX Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
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